Applied Economics: Thinking Beyond Stage One

Front Cover
Basic Books, 2004 - Business & Economics - 246 pages
36 Reviews
The application of economics to major contemporary real world problems--housing, medical care, discrimination, the economic development of nations--is the theme of this new book that tackles these and other issues head on in plain language, as distinguished from the usual jargon of economists. It examines economic policies not simply in terms of their immediate effects but also in terms of their later repercussions, which are often very different and longer lasting. The interplay of politics with economics is another theme of Applied Economics, whose examples are drawn from experiences around the world, showing how similar incentives and constraints tend to produce similar outcomes among very disparate peoples and cultures.

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Review: Applied Economics: Thinking Beyond Stage One

User Review  - Michael - Goodreads

Thomas Sowell's "Applied Economics" ought to be required reading in every high school and college economics, politics, and English courses. While Mr. Sowell is Ph.D economist and fellow at the Hoover ... Read full review

Review: Applied Economics: Thinking Beyond Stage One

User Review  - Michael Palkowski - Goodreads

Sowell's points are ludicrously grounded and clear, which is perfect for not only a parsimonious read but also in understanding dense economic theory in context. His treatment of the housing bubble is ... Read full review

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About the author (2004)

Thomas Sowellhas taught economics at a number of colleges and universities, including Cornell, University of California Los Angeles, and Amherst. He has published both scholarly and popular articles and books on economics, and is currently a scholar in residence at the Hoover Institution, Stanford University.

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